KRNLU (Kernel Group Holdings) Interest Expense : $-1.59 Mil (TTM As of Mar. 2024)

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What is Kernel Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kernel Group Holdings's interest expense for the three months ended in Mar. 2024 was $ -0.20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.59 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Kernel Group Holdings's Operating Income for the three months ended in Mar. 2024 was $ -0.46 Mil. Kernel Group Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -0.20 Mil. Kernel Group Holdings did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Kernel Group Holdings Interest Expense Historical Data

The historical data trend for Kernel Group Holdings's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kernel Group Holdings Interest Expense Chart

Kernel Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.42

Kernel Group Holdings Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-0.03	-0.88	-0.42	-0.09	-0.20

Kernel Group Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.59 Mil.

Kernel Group Holdings (NAS:KRNLU) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Kernel Group Holdings's Interest Expense for the three months ended in Mar. 2024 was $-0.20 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Kernel Group Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Kernel Group Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Kernel Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kernel Group Holdings Inc (NAS:KRNLU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 Madison Avenue, 8th Floor, Suite 8078, New York, NY, USA, 94112

Website

https://www.kernelspac.com

Kernel Group Holdings Inc is a blank check company.

Executives

Jeffrey A Altman	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p.	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Surendra K Ajjarapu	director, 10 percent owner, officer: CEO, Chairman	8604 BUTTON BUSH CT, TAMPA FL 33647
Vkss Capital, Llc	other: 10% Owner	515 MADISON AVENUE, SUITE 865, NEW YORK NY 10022
Srinivasan Venkatesh	director	2 CEDAR GATE COURT, LIVINGSTON NJ 07039
Siva Saravanan	director	334 REZZO STREET, LAS VEGAS NV 89138
Donald G. Fell	director	17537 DARBY LANE, LUTZ FL 33558
Howard A. Doss	officer: Chief Financial Officer	17537 DARBY LANE, LUTZ FL 90067
Mark Gross	director, 10 percent owner, officer: Chief Executive Officer	11840 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Kernel Capital Holdings, Llc	director, 10 percent owner	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Christopher J Farrell	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Ronald Martin Meyer	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Michael F Newbold	officer: Chief Administrative Officer	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Brett Northart	director, 10 percent owner, officer: Chief Operating Officer	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Diana A Sklar	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112